Flexible Office Suite with Eight
223 Lucinda Drive New Braunfels, TX 78130
For Sale
$649,900
COMMERCIAL - New Braunfels, TX
Property Size3,000 SF
Lot Size0.35 Acres
Price / SF$216.63
Days on Market157
Property Features for 223 Lucinda Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMM
- Parking features
- Driveway
- Exterior features
- Lighting
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 44692
- Size
- 3,000 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT: 4 BLK: 3 ADDN: URBAN HEIGHTS
- Tax Annual Amount
- 7270
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 2
- Flooring type
- Tile, Carpet
- Building materials
- Brick
- Roof type
- Shingle, Composition
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Charles Gallagher · License #0812509
(210) 259-7317
Added: Feb 19
Changed: Jun 11
Last Checked: Jul 26 at 10:06PM
MLS# 605043
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This versatile commercial office space is configured with eight private offices, a spacious reception area, and dedicated storage. An efficient dual HVAC system supports year-round comfort, and the offices are fully wired for high-speed internet and phone connectivity, with an existing telephone system already in place. The layout is designed to accommodate approximately 2–4 desks per office, supporting either a single-user operation or the leasing of individual suites. ADA accessibility is included.
Located in a small industrial park with convenient access to Hwy 46, I-35, and IH-10, the property is minutes from downtown New Braunfels. It also sits within an easy drive to both San Antonio and Austin, supporting a range of professional and medical office uses. The site includes 10+ parking spaces.
For tenants and operators, the configuration works well for businesses that need multiple enclosed offices and a central reception area, including childcare, real estate, title, loan, medical, sales, and general office uses. For buyers, the property is currently leased through May 31, 2027, providing established occupancy in a COMM-zoned setting.
Located in a small industrial park with convenient access to Hwy 46, I-35, and IH-10, the property is minutes from downtown New Braunfels. It also sits within an easy drive to both San Antonio and Austin, supporting a range of professional and medical office uses. The site includes 10+ parking spaces.
For tenants and operators, the configuration works well for businesses that need multiple enclosed offices and a central reception area, including childcare, real estate, title, loan, medical, sales, and general office uses. For buyers, the property is currently leased through May 31, 2027, providing established occupancy in a COMM-zoned setting.
Key Highlights
- Leased through May 31, 2027, providing current income with continued occupancy through lease end.
- Commercial office layout includes eight private offices plus a spacious reception area and dedicated storage.
- Dual HVAC system for efficient heating and cooling with central heating and central air.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.2k | $22.08 |
| − Vacancy | −$11.7k | −$3.91 |
| EGI | $54.5k | $18.17 |
| − OpEx | −$13.6k | −$4.54 |
| NOI | $40.9k | $13.63 |
3,000 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$584.1K
$511.1K – $681.5K
NOI $40,887 @ 7.0% cap · market cap 6.29%
Second Best
Healthcare Medical
$555.4K
$486.0K – $648.0K
NOI $38,880 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$765.2K
$669.6K – $892.8K
NOI $53,567 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Suite includes eight private offices, reception, storage, and a dual HVAC system, with ADA access and 10+ parking spaces.
Where is this office units located?
The property is located at 223 Lucinda Drive New Braunfels, TX.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Leased through May 31, 2027, providing current income with continued occupancy through lease end.; Commercial office layout includes eight private offices plus a spacious reception area and dedicated storage.; Dual HVAC system for efficient heating and cooling with central heating and central air.
